Indian real estate sector over the last year has been impacted by triple jolts of demonetization, GST and RERA. By revising the definition of carpet size under CLSS of PMAY, government has attempted to provide some solace. Industry has warmed up to the announcement in anticipation of this help promoting demand and reduce developers unsold inventory. However, the issue of affordable housing supply for the Economically Weaker Section (EWS) and Lower Income Group (LIG) is yet to be addressed. As Read more..